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Session Laws, 1898 Session
Volume 482, Page 1079   View pdf image (33K)
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LLOYD LOWNDES, ESQUIRE, GOVERNOR.

mortgages, choses in action, evidences of debt, certificates of
property or value, checks, and the titles to property, indebted-
ness of individuals, of companies, partnerships, contracts, loans
of States, cities, counties and municipalities, on such terms or
commissions as may be agreed upon or established by said com-
pany and the parties dealing therewith.
SEC. 10. And be it further enacted, That said company

1079

may receive upon storage, deposit or otherwise, merchandise,
specie, plate, bullion, stocks, promissory notes, certificates and
evidences of debts, contracts, and all other personal property,
and advance money thereupon upon such terms as may be
established or approved by said company ; that in all cases in
which public officers or municipal or private corporations are
authorized to deposit money, stocks, bonds or evidences of debt,
such deposits by such officers or corporations may be made with
said company.
SEC. 11. And be it further enacted, That said company be

Receive upon
storage.

and the same is hereby authorized to accept and execute trusts
of any and every description which may be committed or
transferred, with their consent, to them by any persons or per-
sons whomsoever, bodies corporate or public, or by any court
in the State of Maryland, or in any one of the United States,
or in the District of Columbia, or any foreign State, govern-
ment, corporation or person ; and to accept the office and
appointment of executors or administrators of any kind or
nature, whenever such office or appointment is conferred or
made by any person or persons, or by any orphans' court or
other court, either of this State or of the United States; and
that in all cases where application shall be made to any court
in this State for the appointment of any receiver, trustee,
administrator, executor, assignee, guardian of any minors or
committee of a lunatic, it shall and may be lawful for such
court, if it shall deem fit, to appoint said company, with its
assent, such receiver, trustee, administrator, executor, assignee,
guardian or committee ; and the accounts of said company as
such receiver, trustee, administrator, executor, assignee, guar-
dian or committee shall be regularly settled and adjusted before
the proper tribunal ; and upon such settlement and adjustment
all proper legal and customary charges, costs and expenses shall
be allowed to said company for their care and management of
the trvists and estates aforesaid ; and the said company, as such
receiver, trustee, administrator, executor, assignee, guardian or
committee shall be subject to all orders or decrees made by the
proper tribunal.

Accept and
execute
trusts.



 
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Session Laws, 1898 Session
Volume 482, Page 1079   View pdf image (33K)
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